Elemental Royalty Corporation (TSX:ELE)
Canada flag Canada · Delayed Price · Currency is CAD
30.31
-0.35 (-1.14%)
Aug 20, 2026, 1:39 PM EST

Elemental Royalty Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Elemental Royalty stock has a consensus rating of "Strong Buy" and an average price target of $32.63. The average 1-year stock price forecast is 7.65% higher than the current stock price, while the lowest is $30.00 (-1.02%) and the highest is $35.00 (+15.47%).

Price Target: $32.63 (+7.65%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$30.00$32.63$32.75$35.00
Change-1.02%+7.65%+8.05%+15.47%

Analyst Ratings

The average analyst rating for Elemental Royalty stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy333444
Buy222222
Hold000000
Sell000000
Strong Sell000000
Total555666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
CIBC
No rating
CIBC
Buy
Maintains
$33.36
BuyMaintains$33.36+10.05%Aug 12, 2026
H.C. Wainwright
H.C. Wainwright
Buy
Reiterates
$45.17$45.86
BuyReiterates$45.17$45.86+51.32%Aug 12, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$37.00$38.00
BuyMaintains$37.00$38.00+25.37%Mar 26, 2026

Financial Forecast

Revenue This Year
90.12M
from 43.64M
Increased by 106.50%
Revenue Next Year
107.65M
from 90.12M
Increased by 19.45%
EPS This Year
0.33
from 0.16
Increased by 99.16%
EPS Next Year
0.59
from 0.33
Increased by 78.26%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.61M9.64M11.74M16.32M43.64M90.12M
Revenue Growth
29.10%45.80%21.84%38.99%167.37%106.50%
EPS
----0.160.33
EPS Growth
----1,598.76%99.16%
Forward PE
46.40149.18149.1821.9127.2066.97
Free Cash Flow
-39.56M-22.49M7.78M-3.48M-44.62M59.00M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High103.0M
Avg90.1M
Low64.3M

Revenue Growth

Revenue Growth202620272028
High
136.0%
Avg
106.5%
Low
47.4%

EPS Forecast

EPS202620272028
High0.45
Avg0.33
Low0.24

EPS Growth

EPS Growth202620272028
High
170.1%
Avg
99.2%
Low
45.6%